Complete Software Solution

for your business under the GST regime

Unified Platform for GST Compliance & Reporting, from ClearTax

If you are an Enterprise, Small or Medium sized Business in Manufacturing, Logistics, Automobile, Pharmaceutical or any other industry, GST will impact you differently

Build your unique and comprehensive GST implementation journey

Here's what you can do to be GST ready

ClearTax offers targeted services and products to make your GST transition smooth. GST Registration, invoicing, compliance, return filing and reconciliation all at one place!

Follow these simple steps

  • Register for GST
  • Understand the impact of GST on your business
  • Transition To GST
  • Get GST Training
  • Implement tech solutions for GST compliance
  • Be Updated with Latest GST Developments
Begin your transformation

Follow these simple steps

  • Keep yourself updated
  • Become an expert in GST
  • Become a part of GST community
  • Use Technology for GST compliance Returns & Reconciliation
  • File More in Less Time
  • Acquire Clients looking for GST Support
Kick-start your journey

GST Videos

The GST Bill is expected to replace a myriad of indirect taxes such as VAT, Customs, Excise, CST, Service Tax, Entry Tax with a single tax called as Goods and Services Tax. The GST council is trying its best to roll it out by April 2017

GST Articles and Guides

Demystifying the GST Bill

Understand the basics of GST and learn about who it applies to

Returns under GST regime

Tax returns and their due date for filing under the GST law

Transition into GST

How businesses can move from the current tax regimes to GST

Input Credit under GST

What is input credit and how you can claim it under GST

GST Application Process

A step-by-step guide on how to apply for GST

Simpler GST for Small Businesses

Small businesses can avoid GST by using Composition Levy

Impact analysis of GST on different sectors

Impact of GST on Food Services and Restaurants

An analysis of how GST will impact the food services and restaurant businesses

Impact of GST on the Logistics Industry

An analysis of how GST will impact the logistics and e-commerce

Impact Analysis of GST on Small & Medium Enterprises

The positives and negatives of the GST compliance processes on SMEs

GST calculators

The best tools for calculating GST impact on your business, brought to you by ClearTax... Coming soon!

Determining Place of Supply of Goods

Determining Time of Supply of Goods

Determining Place of Supply of Services

Determining Time of Supply of Services

TCS on GST - Determination

Tax Impact Calculator

Rate determination calculator

Compliance calendar

Indetify the State of Registration

HSN mapping

Join our discussion

Join us on Facebook every Friday to discuss GST and ask questions about it. Connect with your peers and experts on thoughtful GST-related discussions.

Upcoming events on GST

Enrollment of VAT/Service Tax Registered Dealers under GST

12:00 PM - 1:00 PM on 18th Jan 2017

ClearTax Webinar on how to complete the Enrollment for Goods and Services Tax from Current Tax Regime

Returns Under Goods and Service Tax and Utilization of Input Credit

12:00 PM - 1:00 PM on 25th Jan 2017

ClearTax Webinar on How to file returns under GST regime, What all returns need to be filed and How to Utilize the Input tax Credit

Life Hack for Dealer Registered under Composition Scheme

12:00 PM - 1:00 PM on 1st Feb 2017

ClearTax Webinar analyzing the position of Composition Dealer under Goods and Services Tax Regime

Still have some doubt about GST? Call us and we will be happy to help.

Frequently asked questions

GST is a tax on goods and services with comprehensive and continuous chain of set-off benefits from the producer's point and service provider's point upto the retailer's level. It is essentially a tax only on value addition at each stage, and a supplier at each stage is permitted to set-off, through a tax credit mechanism, the GST paid on the purchase of goods and services as available for set-off on the GST to be paid on the supply of goods and services. The final consumer will thus bear only the GST charged by the last dealer in the supply chain, with set-off benefits at all the previous stages.

Tentatively GST is planned to be implemented from 1st April 2017, however there are chances of it getting delayed by a month or two. Irrespective of this delay, one thing is sure that GST will get implemented in Financial Year 2017-18 as the constitutional amendment empower the central and state government to collect indirect taxes only till September 16, 2017 thus GST will get implemented before this date on Pan India level. So, it’s time for you to get yourself prepared for the new tax regime.

GST regulations are applicable if your annual turnover is Rs. 20 lakh or above. In case of North Eastern states (Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura) and hilly regions i.e. Himachal Pradesh, Uttarakhand,Jammu & Kashmir and Sikkim,the threshold limit is Rs. 10 lakh.

The registration is mandatory on crossing the limit of Rs.19,00,000( for special category states it is Rs. 9,00,000).

If your turnover includes supply of only those goods/services which are exempt under GST, then registration is not required. While calculating the turnover both taxable and non-taxable goods and services are to be included

PAN is mandatory to apply for GST registration (except for non-resident person who can get GST registration on the basis of other documents)

Under the GST law, a normal taxpayer will be required to furnish three returns monthly and one annual return. Similarly, there are separate returns for a taxpayer registered under the composition scheme, taxpayer registered as an Input Service Distributor, a person liable to deduct or collect the tax (TDS/TCS). In the table below, we have provided details of all the returns which are required to be filed under the GST Law.

According to the model GST law, refund claims under the GST regime will also be processed on merit basis, i.e on the GST compliance rating of the registered taxpayer. It is expected that certain slabs rates will be maintained for various taxpayers falling under various bandwidths of compliance rating and the refunds will be made in terms of percentage amount based on the individual rating of the taxpayer.

Lets take an example to understand this further. Let’s assume that GST rating will be done on a scale of 1-10, wherein someone rated at 1 is least compliant and a rating of 10 depicts excellent compliance. Now it has been proposed that refunds to a taxpayer will be made in percentage on the basis of these ratings. For example, someone maintaining a rating of 10 will receive 100% of the refund immediately. But another entity having a rating of 8 might get only 80% of his refund claim.

The Empowered Committee has recommended that the following Central Taxes should be, to begin with, subsumed under the Goods and Services Tax:

  • Central Excise Duty
  • Additional Excise Duties
  • The Excise Duty levied under the Medicinal and Toiletries Preparation Act
  • Service Tax
  • Additional Customs Duty, commonly known as Countervailing Duty (CVD)
  • Special Additional Duty of Customs - 4% (SAD)
  • Surcharges, and
  • Cesses.
The following State taxes and levies would be, to begin with, subsumed under GST:
  • VAT / Sales tax
  • Entertainment tax (unless it is levied by the local bodies).
  • Luxury tax
  • Taxes on lottery, betting and gambling.
  • State Cesses and Surcharges in so far as they relate to supply of goods and services.
  • Entry tax not in lieu of Octroi.

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